The Restaurant Times

JANUARY 18, 2023

taking table reservations, . Accounting System. An accounting system becomes the critical bookkeeping tool in your restaurant’s information system arsenal by leveraging the power of a robust back-office system. It combines the positive features of traditional POS (Point-of-Sale) systems with the following tools: .

POS Systems 52

POS Systems Information Bookkeeping Scheduling 52

Modern Restaurant Management

JULY 6, 2023

Online Reservations and Ordering : Utilizing online reservation systems and digital ordering platforms allows restaurants to collect customer data during the booking or ordering process. By offering incentives and rewards, restaurants can encourage customers to join the program and willingly provide their data.

Marketing 178

Marketing Information Communication Reservations 178

InnQuest

SEPTEMBER 13, 2022

Using chatbots on your website and social media accounts help you engage with customers while automating some of the more tedious parts of the sales process, like answering questions about rates or availability. roomMaster Anywhere is an easy to use, all-in-one, pure cloud reservations software solution for hotels, motels, and guesthouses.

Housekeeping 130

Housekeeping Book Guest Satisfaction Information 130

Revenue Hub

OCTOBER 28, 2022

NB: This is an article from RealTime Reservation. We all know the saying, “what gets measured gets done”, starting with charging the basics and identifying how these are posted, who is auditing, who is accountable, and how it is tracked. Most importantly, empower the guest to personalize and reserve in advance.

Reservations 70

Reservations Book Catering Special Events 70

Revenue Hub

OCTOBER 28, 2022

Instead of solely looking at the occupancy (OCC) and average daily rate (ADR) for one room, now properties are looking more closely at the guest (or guests) that reserve these rooms, what they are interested in, and how to capitalize on those interests and capture more of their spend. Subscribe to our weekly newsletter and stay up to date.

Special Events 72

Special Events Book Information Reservations 72

Revenue Hub

JULY 11, 2023

An RMS applies sophisticated algorithms and machine learning to predict demand patterns and suggest optimal pricing, taking into account a variety of factors including historical data, competitor prices, and market trends. This could involve dynamic pricing, special promotional offers, or targeted marketing campaigns.

Pricing 61

Pricing Book Article Events 61

SiteMinder

OCTOBER 15, 2023

Taking supply and demand into account, dynamic pricing allows for prices to fluctuate regularly so the hotel can maximise revenue. Dynamic rates, on the other hand, take all that information into account to give hoteliers the information they need to maximise revenue at all times.

Pricing 59

Pricing Definition Book Marketing 59

7 Shifts

NOVEMBER 9, 2022

Get holiday reservations? People who sign up to receive your newsletter might start ignoring their inboxes later and create new accounts. Special events such as birthdays and anniversaries also show how much you care about them. In this case, “Reserve your table” or “Grab your menu” could work. Event reservations.

Reservations 78

Reservations Blog Marketing Events 78

SiteMinder

NOVEMBER 30, 2023

Property management systems Property Management Systems are the backbone of hotel operations, managing everything from reservations, check-ins/check-outs, billing, room assignment, and housekeeping schedules. They analyse market trends, competitor prices, and historical data to suggest the best room rates at any given time.

Guest Satisfaction 52

Guest Satisfaction Book Property Management Pricing 52

Lithos POS

DECEMBER 19, 2023

He acts as an accountant, overseeing invoices, payroll, profit and loss statements, and tax records. In the front-of-house, he is responsible for customer service, reservations, and the overall dining experience. General Manager A general manager is the manager of your restaurant and part of the administrative department.

Front of House 52

Front of House Scheduling Communication Bookkeeping 52

Modern Restaurant Management

JUNE 5, 2020

Most municipalities have existing permitting capabilities for temporary uses and special events that provide for an expedited process to obtain a permit and would not require reinventing the wheel. Permits – Is there an existing permitting structure in place that can be utilized, or will a new system need to be created?

Special Events 144

Special Events Revenue Projections Sanitation Reservations 144

Synergy Suite

NOVEMBER 2, 2023

The formula for calculating labor cost percentage is straightforward: Labor cost percentage = (Total Revenue / Total Labor Costs) × 100 This calculation takes into account all labor-related expenses, including wages, benefits, and taxes, and expresses them as a percentage of total revenue. Invest in automation and technology solutions (e.g.,

Scheduling 52

Scheduling Training Information Cost Reduction 52